Comparison between JNK India IPO and Popular Vehicles IPO.
JNK India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Popular Vehicles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of JNK India IPO is up to ₹649.47 Cr whereas the issue size of the Popular Vehicles IPO is up to ₹601.55 Cr. The final issue price of JNK India IPO is ₹415.00 per share and of Popular Vehicles IPO is ₹295.00 per share.
| JNK India IPO | Popular Vehicles IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹395.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹415.00 per share | ₹295.00 per share |
| Issue Price (Final) | ₹415.00 per share | ₹295.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹28.00 per share | |
| Market Lot Size | 36 shares | 50 shares |
| Fresh Issue Size | 72,28,915 shares | 84,76,753 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹250.04 Cr |
| OFS Issue Size | 84,21,052 shares | 1,19,17,075 shares |
| OFS Issue Size (Amount) | up to ₹349.47 Cr | up to ₹351.52 Cr |
| Issue Size Total | 1,56,49,967 shares | 2,03,93,828 shares |
| Issue Size Total (Amount) | up to ₹649.47 Cr | up to ₹601.55 Cr |
JNK India IPO opens on Apr 23, 2024, while Popular Vehicles IPO opens on Mar 12, 2024. The closing date of JNK India IPO and Popular Vehicles IPO is Apr 25, 2024, and Mar 14, 2024, respectively.
| JNK India IPO | Popular Vehicles IPO | |
|---|---|---|
| Anchor Bid Date | Apr 22, 2024 | Mar 11, 2024 |
| Issue Open | Apr 23, 2024 | Mar 12, 2024 |
| Issue Close | Apr 25, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | Apr 26, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | Apr 29, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | Apr 29, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | Apr 30, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | May 26, 2024 | Apr 14, 2024 |
| Anchor Lockin End date 2 | Jul 25, 2024 | Jun 13, 2024 |
JNK India IPO P/E ratio is 43.32, as compared to Popular Vehicles IPO P/E ratio of 28.88.
| JNK India IPO | Popular Vehicles IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 94.56 | 69.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 43.32 | 28.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2308.27 Cr. | ₹2100.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.79% | 10.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.73% | 8.83% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | 1.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.58 | ₹10.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.79% | 10.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the JNK India IPO Retail Individual Investors (RII) are offered 54,77,489 shares while in Popular Vehicles IPO retail investors are offered 54,77,489 shares. Qualified Institutional Buyers (QIB) are offered 31,29,993 shares in JNK India IPO and 40,71,550 shares in Popular Vehicles IPO.
| JNK India IPO | Popular Vehicles IPO | |
|---|---|---|
| Anchor Investor Reservation | 46,94,989 shares | 61,07,325 shares |
| Market Maker Reservation | ||
| QIB | 31,29,993 shares | 40,71,550 shares |
| NII | 23,47,496 shares | 30,53,663 shares |
| RII | 54,77,489 shares | 71,25,214 shares |
| Employee | 37,453 shares | |
| Others | ||
| Total | 1,56,49,967 shares | 2,03,95,205 shares |
JNK India IPO subscribed 28.46x in total, whereas Popular Vehicles IPO subscribed 1.25x.
| JNK India IPO | Popular Vehicles IPO | |
|---|---|---|
| QIB (times) | 74.40x | 1.92x |
| NII (times) | 23.80x | 0.67x |
| Big NII (times) | 27.73x | 0.67x |
| Small NII (times) | 15.94x | 0.68x |
| RII (times) | 4.20x | 1.07x |
| Employee (times) | 8.04x | |
| Other (times) | ||
| Total (times) | 28.46x | 1.25x |
